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Colony Bank Southeast

Broxton, GA · Cert 19653

FDIC

Q2 2008

$210.4MAssets
$185.2MLoans
$174.8MDeposits
$21.7MEquity
Loan mix
88%RE $106.3M12%C&I $13.9M0%Consumer $0.1MQ2 2007Q2 2008
Deposit mix
92%Interest-bearing $161.0M8%Noninterest $13.8MQ2 2007Q2 2008

NIM

7.78%Q2 ’068.06%Q2 ’076.25%Q2 ’08-6%-27%

Non-interest income vs. expense

2.59%Q2 ’062.55%Q2 ’072.30%Q2 ’08-2%-11%

Executive Summary

  • Earnings: ROA of -0.48%, down 136 bps year over year; NIM at 2.86%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 1.17%.
  • Funding: loans stand at 105.95% of deposits as of Q2 2008.

Financial Results

Return on Assets (quarter, annualized)

-0.48%-136 bps YoY

Net Interest Margin (quarter, annualized)

2.86%-108 bps YoY

Efficiency Ratio (quarter, annualized)

70.14%+1,187 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ2 2007Q3 2007Q4 2007Q1 2008Q2 2008YoY ΔTrend
Earnings
Return on Assets0.88%0.81%-0.68%0.36%-0.48%-136 bps
Return on Equity9.77%8.87%-7.27%3.54%-4.63%-1,439 bps
Net Interest Margin3.94%3.83%3.55%3.22%2.86%-108 bps
Efficiency Ratio58.27%57.61%62.31%64.92%70.14%+1,187 bps
Non-Interest Burden2.11%2.04%2.08%1.97%1.88%-23 bps
Growth
Asset Growth (YoY)2.31%3.13%-2.54%-0.24%2.66%+35 bps
Loan Growth (YoY)6.75%2.12%-0.51%0.37%4.82%-194 bps
Deposit Growth (YoY)3.82%2.63%-4.07%-2.75%-3.46%-728 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.35%0.32%0.97%1.87%1.17%+82 bps
Allowance / Loans1.24%1.25%1.75%1.61%1.80%+56 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital11.58%11.12%12.19%13.15%13.25%+167 bps
Equity / Assets9.14%9.12%9.72%10.35%10.29%+115 bps
Liquidity & Funding
Loans / Deposits97.58%101.04%101.30%102.53%105.95%+836 bps
Liquid Assets / Assets0.23%0.17%0.13%0.10%0.04%-19 bps
CRE / Total Capitaln/an/an/an/an/an/an/a